Category Archives: Forex Education

Poof, and it’s all gone ForexLive E-minis have pared all its earlier gains on the day and has now turned negative as we move closer to the cash equity market open. Sentiment remains tepid as the declines last week continues to weigh on traders/investors’ minds despite it being a holiday-stricken week.

S&P 500 futures are up by around 0.6% ForexLive However, European equities that are trading today are lower on the day while US 10-year yields sits 1 bps down at 2.779% currently. It was an absolute horrific week for equities and risk last week as . But things are looking a bit better as we…

Bias has turned more bullish but upside break remains limited ForexLive As the dollar continues to hold weaker, one of the bigger beneficiaries in all of this has been gold. Price managed to break above the 200-day MA (blue line) last week, indicating that the price bias and momentum has turned more bullish.

Latest data released by the SNB – 24 December 2018 – Domestic sight deposits CHF 474.5 bn vs CHF 471.6 bn ForexLive Once again, there was very minimal changes to the sight deposits as the SNB continues to stand aside with EUR/CHF sitting in the comfort zone range of 1.12 to 1.14 over the past…

2019 will very much be a repeat for the RBA as downside risks mount ForexLive That has to be the most graph in markets over the past two years. The RBA’s monetary policy decision and capacity is virtually a flat line. As we began 2018, markets were talking up chances of a Q4 2018 rate…

It’s getting ugly as bulls are getting hammered Moving into 2019, here’s a list of equity indices that are currently down by more than 20% from their peak this year i.e. one of the ways of defining that the index is in a bear market:

Who is most reliant on each other? Who needs each other the most? This is my last post of 2018 as I break for Christmas, so I thought I would end on an interesting article I read on the BBC over the weekend. It picks up on the notion, often bounced around post the…

Comments from Trump The vote of confidence in Mnuchin is important at the moment because with markets falling and questions about Powell, it would be a disaster if he fired Mnuchin. He’s basically the last guy in cabinet that markets have any confidence in and he’s a counter-weight to some of the China hawks.

China announced cuts to some export tariffs earlier today here For some context, this will be the third round of tariff cuts announced by China this year with the latest being in September . All this is part of the continued efforts to open up their economy and any cuts here will also benefit US…

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